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Retail Asia12/12/2016

South Korea’ finance ministry said on Thursday it is concerned about further risks to the economy from “domestic issues”, as parliament prepares to hold an impeachment vote on South Korean President Park Geun-hye. The ministry did not explicitly point to the deepening political scandal surrounding Park in its monthly assessment of the economy, but said […]

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Retail Asia15/06/2016

South Korea’s iShares MSCI South Korea Capped ETF (EWY) slid on June 9 after the Bank of Korea cut interest rates by 25 basis points to 1.25%. This is a record low for the Korean policy rate, which is aiming to support the government’s plan for massive debt restructuring for highly indebted firms. Growing risks […]

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Retail Asia10/03/2016

The Bank of Korea is likely to keep its policy rate unchanged at 1.5% during its upcoming meeting. The meeting will mainly focus on the weakness in January’s activity data. Also, there is a higher probability for another cut in GDP forecasts during the April meeting. But, t he rebounding sentiments in global financial markets […]

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